Ingevity SVP records stock award, tax withholding
Ingevity Corp senior vice president Phillip John Platt reported equity compensation activity involving company common stock.
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Rhea-AI Filing Summary
Ingevity Corp senior vice president Phillip John Platt reported equity compensation activity involving company common stock. On February 26, 2026, he acquired 247 shares at no cost through a grant tied to performance-based restricted stock units that were settled in shares. On the same date, 108 shares at $70.52 per share were withheld by the company to cover tax obligations related to these vested performance share units. Following these transactions, his directly held common stock balance reported in the filing was 28,911 shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 247 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 108 | $70.52 | $8K |
Footnotes (3)
- F1. The Talent and Compensation Committee of the Company's board of directors certified the attainment of performance goals for certain performance-based restricted stock awards ("PSUs") effective February 26, 2026. The PSUs were settled with shares of common stock.
- F2. Includes (i) 386 shares of Common Stock purchased pursuant to the Amended and Restated 2017 Ingevity Corporation Employee Stock Purchase Plan, as amended ("ESPP") for the purchase period of July 1, 2025 to September 30, 2025 (the "September ESPP Shares"), and (ii) 143 shares of Common Stock purchased pursuant to the ESPP for the purchase period of October 1, 2025 to December 31, 2025 (the "December ESPP Shares"). In accordance with the terms of the ESPP, the September ESPP Shares were purchased at a price equal to 85% of the closing price of Issuer's Common Stock on July 1, 2025 and the December ESPP Shares were purchased at a price equal to 85% of the closing price of the Issuer's Common Stock on October 1, 2025.
- F3. Shares withheld by the Company to satisfy tax withholding obligations related to the PSUs that vested on February 26, 2026.
FAQ
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What insider transactions did NGVT executive Phillip John Platt report?
What does the tax-withholding transaction in NGVT’s Form 4 represent?
What do the ESPP footnotes in the NGVT Form 4 explain?
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